Funding you earn now, next payment 07:00 UTC+0.0515%/8h= +56.4% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit−0.076%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1541.545% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.260%−$26 · spread now −0.076%, 7d avg −0.132%
=Together, before fees−0.160%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.056% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04779 | −0.0411 | get 0.0205% / 4h | 1h 32m | $10.8M | $9.1M | 20x |
| Short | Extended CHIP-USD | 0.04775 | 0.0104 | get 0.0013% / 1h | 32m 57s | $217K | $1.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $108.15
- Price spread: −0.076% → −0.132%
- $5.59
- Slippage, 4 orders
- −$138.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.76
- Costs to cover
- 1.545%
- Break-even
- 9.6 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 2.10 bp | 50.1 bp −$50 | 148.7 bp −$1,487 | doesn't fit | doesn't fit |
| Sell Extended live order book, just now | 3.25 bp | 30.9 bp −$31 | 213.4 bp −$2,134 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDTlong | −0.0411% | 4h | 0.04779 | long leg | $10.8M | $9.1M | 20x | |
| ApeX Omni CHIPUSDT | −0.0399% | 1h | 0.04761 | −0.377% | $17K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0210% | 4h | 0.04776 | −0.063% | $2.1M | $9.8M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04781 | +0.042% | $3K | $128K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0168% | 1h | 0.04786 | +0.138% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0152% | 1h | 0.04782 | +0.073% | $242K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0054% | 4h | 0.04781 | +0.042% | $1.0M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0030% | 1h | 0.04766 | −0.273% | $123 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0058% | 4h | 0.04780 | +0.021% | $574K | $91K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04780 | +0.021% | $99K | $107K | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04787 | +0.161% | $14.8M | $6.0M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04777 | −0.044% | $55K | $272K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04791 | +0.245% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04773 | −0.126% | $14.3M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04786 | +0.146% | $685K | $969K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04774 | −0.105% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04778 | −0.021% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04777 | −0.042% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04784 | +0.105% | $35K | $230K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04744 | −0.729% | $860K | $445K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04786 | +0.146% | $638 | $1.0M | 10x | as long as short |
| Extended CHIP-USDshort | +0.0104% | 1h | 0.04775 | −0.076% | $217K | $1.0M | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04805 | +0.544% | $46K | $38K | 50x | as long as short |
Bybit CHIPUSDT
Extended CHIP-USD
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX